The Innovations Waitlist Reduction Act.

This bill expands access to North Carolina's Innovations waiver for families with children who have significant medical needs by adding 6,635 new slots and funding them with $240 million starting in 2026. It also modifies the Opportunity Scholarship Program to prioritize students from lower-income households by capping eligibility at 200% of the federal free lunch income threshold and adjusting grant amounts based on family income levels. To support these changes, the legislation reduces the overall scholarship fund by $240 million while simultaneously directing substantial recurring funding to the program's reserve for the next 15 years.